LimeFX com Broker Review: Whats the Deal With the Huge Leverage?

We have the expertise and the resources to help everybody realize their investment goals, like only a big broker can. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl.

Does LimeFX offer bonuses?

They’re available 24/5, so I’ve always been able to reach out during market hours, no matter my time zone. What’s great is that the support team offers multilingual support in 25 languages, which is helpful for traders from different parts of the world. This commitment to education would ensure novice traders have the tools and knowledge to navigate the scammed by limefx financial markets confidently. New traders will further appreciate the client-exclusive webinars and podcasts led by experienced professionals, covering various trading topics, strategies, and tools, allowing beginners to learn directly from experts. MT4 is well-known for its simplicity and reliability, making it best suited to forex trading.

This average customer rating is based on 24 LimeFX customer reviews submitted by our visitors. An economic calendar also helps to keep you informed about upcoming events that can cause market volatility. One such requirement by CySEC is that the broker must regularly submit financial statements to ensure the firm has adequate capital to operate. LimeFX is owned and operated by Trading Point Holdings, which is a licensed and multi-regulated financial institution.

FXTM: Best For Beginner Traders

A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price. By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily. This also means that a necessity of currencies to be traded against each other is needed in order for this to happen. All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more dynamic, liquid and responsive. To deposit funds to the trading platform you trade on, you will first be required to open a live trading account.

Accounts & Banking

An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Due to all the above, and not limited to the above, the forex trading market is today the world’s most liquid and most volatile market, with over $5 trillion traded daily. Your live account will give you access to the LimeFX Members Area, which is were you limefx company reviews will be able to deposit and withdraw funds from your trading account. The decision about which platform to choose is clearly based on what a client would like to trade.

LimeFX also offers a comprehensive suite of educational resources, including tutorials, webinars, and seminars, to guide beginners through the fundamentals of trading, market analysis, and risk management. The Ultra Low Micro and LimeFX Ultra Low accounts offer commission-free trading with floating spreads starting from 0.8 pips, typical of many other brokers we’ve analyzed. To gain access to any of the LimeFX trading platforms, you will need to have a demo or a live trading account. Each unique account provides you with a login number that allows you login to the trading platform that you selected during the registration. LimeFX is ASIC regulated, ensuring a high level of trust and security for Australian traders. While both brokers cater to the Australian market, LimeFX has a more established presence and offers a broader range of services tailored to the needs of Aussies.

1. LimeFX provides Islamic Account options for Micro, Standard and Ultra-Low account types.
2. In evaluating trust and safety, LimeFX’s strong regulatory framework, fraud prevention measures, client fund security, and emphasis on risk management contribute to its reputation as a reliable and secure broker.
3. BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences.

FXTM is better for beginner traders due to its intuitive platform and comprehensive educational resources. To deposit and withdraw funds from your FXTM trading account, use a credit card, e-wallet or bank transfer payment method. When researching financial markets, traders can use FXTM’s market outlooks, forex news, and an economic calendar to find trading opportunities.

With a free forex education course, live webinars and a range of videos available online, LimeFX offer excellent educational resources for beginners to advanced traders. In terms of the best trading experience and ease, FXTM takes the lead with its intuitive platform and comprehensive educational resources. LimeFX and FXTM both offer the choice of either MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The trading platforms are two of the most popular worldwide due to their algorithmic trading capabilities using Expert Advisors. LimeFX offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices.

There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs. Links and download instructions for the LimeFX MT4 and MT5 mobile apps are easy to find under ‘Platforms’ in the main menu of the broker website. You can trade all the instruments available at LimeFX on the MT4 platform except individual stocks, which can only be traded on MT5. Alternatively, traders can opt to access the LimeFX WebTrader through their browser. LimeFX may require copies of your credit card before approving a withdrawal request.